King & Spalding Advises TSYS on Acquisition of NetSpend for $1.4 Billion

(firmenpresse) - COLUMBUS, GA -- (Marketwire) -- 02/19/13 -- King & Spalding advised TSYS, a leading global payment solutions provider, in a definitive agreement to acquire NetSpend for $1.4 billion in cash. NetSpend is a leading provider of general purpose reloadable prepaid debit cards and related financial services to underbanked consumers in the United States.

The transaction is expected to close in mid-2013, subject to regulatory approvals, approval by NetSpend shareholders and customary closing conditions.

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The King & Spalding legal team involved in the transaction was led by M&A partners and and also consisted of the following lawyers:

Rob Leclerc (senior associate, New York)
Sameer Asher (associate, Atlanta)
Hillary Miller (associate, Atlanta)
Gina von Sternberg (associate, Atlanta)
Clay Karwisch (associate, Atlanta)

Chip Conrad (partner, Atlanta)
Keith Townsend (partner, Atlanta)
Laura Hewett (counsel, Atlanta)
Shane Dornburg (senior associate, Atlanta)
Carrie Ratliff (associate, Atlanta)

Eleanor Banister (partner, Atlanta)
Sam Matchett (partner, Atlanta)
Cheryl Sabnis (partner, San Francisco)
Mark Kelly (counsel, Atlanta)
Donna Edwards (counsel, Atlanta)
Ryan Gorman (associate, Atlanta)

John Sweet (partner, New York)

Scott Petty (partner, Atlanta)
Kyle Zeller (associate, New York)

Jeff Spigel (partner, Washington)
John Carroll (senior associate, Washington)
Kathleen Ball (associate, Washington)

Scott Stengel (partner, Washington)
Jeff Telep (partner, Washington)
Jane Cohen (counsel, Washington)
Nick Hartigan (associate, Washington)

Celebrating more than 125 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 800 lawyers in 17 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality and dedication to understanding the business and culture of its clients. More information is available at .

King & Spalding
Matt Hyams
+1 212 827 4057

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 19.02.2013 - 21:49 Uhr
Sprache: Deutsch
News-ID 231061
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COLUMBUS, GA

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Commercial & Investment Banking

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